Analyst Ratings for MetLife Inc. (MET)Updated: 2017-07-28
Analysts covering MetLife Inc. (NYSE:MET) have given it a consensus rating of Overweight. About 30 days ago, MET was issued an average rating of Overweight.
11 analysts declared MET a buy, 0 gave an overweight rating, 7 issued a hold rating, 0 issued an underweight rating, and 1 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
MET was given price targets by several analysts. The most optimistic analyst gave a price target of 67, implying a possible profit of 21.73 percent. The most pessimistic analyst gave a price target of 51, implying potential capital losses of -7.34 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -0.77 percent. Meanwhile, fiscal year estimates have been revised upwards by 0.28 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 2.47 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 4 analysts increased their quarterly estimates, while 3 analysts made negative revisions. Also over the last month, 3 analysts increased their estimates for the FY earnings, while 3 analysts made negative revisions to their fiscal year's estimates.
MET has traded between a high of 58.09 and a low of 38.87 over the past year. Currently the stock is 41.6 percent higher than its low, and below the high by 5.25 percent. MET has a P/E ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The MET value stock report compares MET to some of its peers using value stock charts. The market cap of MET is $59.22 billion. MET is estimated to release their earnings results for the quarter on 0000-00-00, days from today.